How The Philly Tech Community Helped Local Stove Get Acquired

What happens when a catering service grows alongside the tech community, rubbing elbows with founders and execs? In the story you’re about to read, they get an intro from an investor and end up getting acquired by a venture-backed company in the same space.

Rosslyn, Va.–based HUNGRY, which connects chefs and companies looking to provide food for their employees, announced Wednesday it acquired Local Stove, the ubiquitous catering service with the green checkered tablecloths, for an undisclosed sum.

The bootstrapped Philly company, an alum of Philly Startup Leaders’ bootcamp program, was founded by Wharton grads Steven Finn and Greg Dubin in 2016 with $2,500 in seed cash. HUNGRY, which has raised some $4.5 million in venture capital since its founding in 2016, will take over Local Stove’s Philly clients and list of chefs, marking its first expansion outside of the D.C.-metro area.

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